Cottarelli says he accepts mandate to form government ahead of elections Elections are seen at the beginning of next year But if he doesn't win vote of confidence, elections will be after August Says his government w...
The US dollar has extended gains and reached to a six-month high against the major currencies. Last Wednesday, the Federal Reserve’s minutes signaled additional rate hikes would be needed to prevent the economy from overheating. Also, strong US data continues to point to underlying strength in th...
UK GDP for the first quarter will be published in 10 minutes. The UK GDP is expected to come out at 1.2%, as the same as initial estimate. A higher than expected reading would support the Sterling.
German IFO Business Climate Index will important data release of today. The index based on a survey of manufacturers, builders, wholesalers and retailers and it measures expectations of German Economic Activity for the next six months. The Index is expect...
ECB Minutes highlight that uncertainty of outlook has increased and the slowdown has been broad-based, adds that they are confident that inflation would rise towards the target in the medium term ECB Minutes stated that a view that was expressed was that the ECB was close to a sustained...
UK Retail sales growth in April will important data release of today. Core Retail Sales excluding auto and gas are expected to rise to 0.4% m/m from -0.5% fall in the previous number. A lower than expected reading should be taken as negative for the Sterl...
FOMC: Several officials saw little evidence of overheating labor market Note modest inflation overshoot 'could be helpful' MOST FED OFFICIALS SAW NEXT RATE HIKE LIKELY APPROPRIATE `SOON' Vulnerabilities associated with asset valuation press...
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